THE SHAREHOLDER REPORT – DOUBLEVIEW GOLD

(QUICK COMPARISON)

On 27 July 2018, Newmont Mining paid USD$275 million (approximately CAD$350 million) for
a 50% stake in British Columbia’s Galore Creek project, which contains copper, gold and silver. This
represents a project valuation of approximately CAD$700 million in 2018 at much lower metal prices.
From an operational perspective, Galore Creek is in a mountainous region where infrastructure and
tunnel costs are estimated to be very high. According to the project’s website, it is said to be one of the
world’s largest, undeveloped copper-gold-silver deposits.

Doubleview Gold’s IP results (“induced polarization”) indicate the presence of an estimated four
billion metric tonne target at the company’s “Hat” project. The surveyed area on the Hat could be up
to four times larger than the Galore Creek project and this should increase after further exploration
outside of the IP perimeter. Specifically, the current drill results from the Hat’s “Lisle Zone” indicate
similar tonnage to the Galore Creek project and it remains open in all directions (including depth).
Aditionally, Doubleview Gold’s project has three characteristics that make it more attractive than
Galore Creek: 1) additional, valuable metal like cobalt, 2) located in a flatter/lower valley that should
be cheaper to mine, and 3) low cost accessibility via an old mining road approximately 10 kms away.

Taken from the 2011 Technical Report (refer to report for full details)

Produced for entertainment purposes only. This is not investment advice. Please see full disclaimer in
the Shareholder Report